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Other Borrowings
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Other Borrowings OTHER BORROWINGS
Revolving Credit Line and Term Loan Option
The Company entered into a credit agreement with another bank that includes a senior unsecured revolving credit commitment (the “Revolving Commitment”) and an option for a single advance term loan draw (“Term Loan”), collectively the “Loan Agreement”. The Revolving Commitment has a one-year term that was renewed in the second quarter of 2025 and was effective as of February 22, 2025, maturing on February 21, 2026. The Revolving Commitment allows for borrowings up to $25 million, and has an interest rate of one-month Term SOFR plus 185 basis points until February 2026. The proceeds can be used for general corporate purposes. The revolving credit line was not accessed in 2025 or 2024.

The Term Loan commitment allows the Company to take a $63.3 million unsecured draw through June 30, 2026 for the specific purpose of redeeming the 2030 Notes. If the Term Loan is advanced, it will be payable in 20 equal quarterly installments on March 31, June 30, September 30 and December 31 with a final installment on the five year anniversary of the initial advance date. Upon advance, the interest rate will be one-month Term SOFR plus 250 basis points.
The Loan Agreement is subject to ongoing compliance with a number of customary affirmative and negative covenants as well as specified financial covenants. A fee of 0.40% annually is assessed against the unused commitments.